Xin Lang Cai Jing·2025-08-13 08:06Core Viewpoint - Qingdao Port is experiencing a slight decline in stock price, with a market capitalization of 57.38 billion and a trading volume of 139 million on August 13 [1] Company Overview - Qingdao Port International Co., Ltd. is engaged in the loading and unloading of various goods including containers, metal ores, coal, and crude oil, as well as logistics and port value-added services [6] - The company is strategically located in Shandong Peninsula, close to South Korea, benefiting from the China-South Korea Free Trade Agreement [2] - Qingdao Port has shown steady growth in revenue and profit, being a key node in the "Belt and Road" initiative and the seventh largest port in the world [2] Financial Performance - In the first quarter of 2025, Qingdao Port achieved a revenue of 4.807 billion, representing a year-on-year growth of 8.51%, and a net profit attributable to shareholders of 1.402 billion, up 6.51% [6] - The company has a history of high dividend yields, with rates of 4.80%, 4.74%, and 3.45% over the past three years [2][7] - Cumulatively, the company has distributed 11.515 billion in dividends since its A-share listing, with 6.048 billion in the last three years [7] Market Activity - On August 13, the stock saw a net inflow of 8.3385 million from major investors, ranking third in its industry [3] - The average trading cost of the stock is 8.10, with recent buying activity indicating a potential accumulation, although the strength of this accumulation is weak [5] Shareholder Structure - As of March 31, 2025, the number of shareholders increased to 31,200, with no change in the average circulating shares per person [6] - Notable shareholders include E Fund Stable Income Bond A and Hong Kong Central Clearing Limited, with the latter reducing its holdings significantly [8]